Report Update May 1, 2024

Belgium - Tin Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Belgium: Market for Tin Ores And Concentrates 2024

Market Size for Tin Ores And Concentrates in Belgium

After three years of decline, the Belgian tin ores and concentrates market increased by 4,520% to $X in 2022. In general, consumption posted a significant increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Exports of Tin Ores And Concentrates

Exports from Belgium

Tin ores and concentrates exports from Belgium reduced dramatically to X kg in 2021, which is down by 99.9% compared with 2020 figures. Over the period under review, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2014 when exports increased by 346% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, tin ores and concentrates exports fell rapidly to $X in 2021. Overall, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 1,874%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Luxembourg (X kg) was the main destination for tin ores and concentrates exports from Belgium, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Luxembourg was relatively modest.

In value terms, Luxembourg ($X) emerged as the key foreign market for tin ores and concentrateses exports from Belgium.

From 2012 to 2021, the average annual growth rate of value to Luxembourg was relatively modest.

Export Prices by Country

In 2021, the average tin ores and concentrates export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 1,195%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to -3.7% per year.

Imports of Tin Ores And Concentrates

Imports into Belgium

In 2022, overseas purchases of tin ores and concentrateses increased by 4,244% to X tons for the first time since 2017, thus ending a four-year declining trend. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tin ores and concentrates imports skyrocketed to $X in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, France (X tons) was the main tin ores and concentrates supplier to Belgium, with a 93% share of total imports. Moreover, tin ores and concentrates imports from France exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from France stood at +49.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+42.2% per year) and the United States (-54.5% per year).

In value terms, France ($X) constituted the largest supplier of tin ores and concentrateses to Belgium, comprising 82% of total imports. The second position in the ranking was taken by Thailand ($X), with a 7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to +39.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+56.0% per year) and the United States (-54.0% per year).

Import Prices by Country

The average tin ores and concentrates import price stood at $X per ton in 2022, with an increase of 33% against the previous year. Over the period under review, the import price saw a noticeable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 188%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tin ores and concentrates in the world?

The country with the largest volume of tin ores and concentrates consumption was China, comprising approx. 63% of total volume. Moreover, tin ores and concentrates consumption in China exceeded the figures recorded by the second-largest consumer, Sierra Leone, eightfold. The United States ranked third in terms of total consumption with a 6% share.

What are the largest producers of tin ores and concentrates in the world?

The countries with the highest volumes of production in 2022 were Sierra Leone, the United States and Australia, together accounting for 42% of global production. Democratic Republic of the Congo, Congo, Brazil, Rwanda, Bolivia, Indonesia, Lao People's Democratic Republic, Kenya and Tanzania lagged somewhat behind, together accounting for a further 48%.

What are the leading suppliers of tin ores and concentrates to Belgium?

In value terms, France constituted the largest supplier of tin ores and concentrateses to Belgium, comprising 82% of total imports. The second position in the ranking was taken by Thailand, with a 7% share of total imports.

What are the leading importers of tin ores and concentrates from Belgium?

In value terms, Luxembourg $158) emerged as the key foreign market for tin ores and concentrateses exports from Belgium.

What is the average export price for tin ores and concentrates in Belgium?

In 2021, the average tin ores and concentrates export price amounted to $5,643 per ton, approximately mirroring the previous year.

What is the average import price for tin ores and concentrates in Belgium?

In 2022, the average tin ores and concentrates import price amounted to $2,728 per ton, growing by 33% against the previous year.

This report provides an in-depth analysis of the market for tin ores and concentrates in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291530 -

Country coverage:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023